PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. On an international level, agencies are collaborating on the necessity of issuing CBDCs.

Currencies 105

Currencies Banking Math Economics 105

Global Finance

MARCH 1, 2025

At the end of January, on a vote of 55-2, El Salvadors Legislative Assembly passed modifications to the Bitcoin law, eliminating the word currency but keeping it legal tender. As part of a $1.4 The changes will take effect May 1, 90 days after the legislation appeared in the official newspaper.

Currencies 118

Currencies Finance Securities Economics 118

Global Finance

DECEMBER 26, 2024

Comprehensive FX management integrates tools, analytics, and AI to mitigate currency risks. A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure, and manage currency risks, empowering businesses to confidently navigate the complexities of the global marketplace.

Foreign Exchange 96

Foreign Exchange Banking Currencies Treasury 96

Global Finance

OCTOBER 28, 2024

Together, these issues could pose significant threats to economic growth and social progress, analysts warn. Road Map For The Future A lively FDI contribution gives Togo a favorable economic outlook, augmented by structural reforms and critical investment projects, according to the African Development Bank. annually.

Economics 98

Economics Manufacturing Investments Currencies 98

PYMNTS

MAY 21, 2020

The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. A central entity may implement a monetary policy and issue currency.

Currencies 97

Currencies Banking Retail Accounting 97

PYMNTS

MARCH 4, 2020

Global currency, anyone? In the age of Libra, in a new decade where at least some central banks are exploring their own fiat issued in bits and bytes, would a global currency set the stage for relative calm? dollar or the euro, among other currencies. billion unbanked individuals into the world of financial inclusion.

Currencies 88

Currencies Economics Planning Banking 88

Global Finance

FEBRUARY 5, 2025

At the Asia-Pacific Economic Cooperation summit in Peru last November, Indonesias new President Prabowo Subianto, who began his term in October, emphasized that foreign investments would be protected by a solid legal framework, and highlighted incentives and a commitment to liberalizing ownership laws.

Economics 108

Economics Prioritization Investments Manufacturing 108

Global Finance

JULY 24, 2024

Since the new minister’s nomination, the Mexican peso has gained significant ground against most G7 currencies; Mexican stocks have also trended upward. The post Markets Approve Of Mexico’s New Economic Minister appeared first on Global Finance Magazine.

Economics 85

Economics Marketing Transportation Currencies 85

Global Finance

DECEMBER 26, 2024

Currency reserves could be as low as $200 million. The pound returned to its former value of 13,000 to the dollar. Raoufs longer-term challenges are more than daunting. According to the World Bank, Syrias economy has shrunk by 85% since its civil war broke out in 2011.

Finance 119

Finance Auditing Currencies Banking 119

Global Finance

APRIL 3, 2025

ADGMs expansion has propelled the financial sectors share of GDP in the emirate, which has expanded by an average 11% a year over the last three years, says Justin Alexander, director of Khalij Economics and Gulf Cooperation Council (GCC) analyst for GlobalSource Partners.

Economics 72

Economics Finance Investments Manufacturing 72

Future CFO

NOVEMBER 19, 2024

Hwee Ling Tay Despite global economic uncertainty accentuated by significant political shifts, which has created challenges for capital markets worldwide, Malaysia has stood out as a bright spot in Southeast Asia. In 2024, only one IPO raised over US$500 million, in contrast to four such listings in 2023.

Marketing 98

Marketing Healthcare Currencies Numbers 98

PYMNTS

JULY 6, 2020

In today’s challenging economic environment, I am pleased to continue our expansion into a prime market that aligns with our strategic growth plans,” Dowd said in a press release. or in other countries. or in other countries.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

PYMNTS

JULY 1, 2020

The ethics decision came down because of the increasing prominence of digital currency, with the District of Columbia Bar finding it “cannot hold back the tides of change.” ” The opinion also noted that the IRS treats cryptocurrency more as a property than as a currency for tax purposes.

Currencies 78

Currencies Economics Finance Technology 78

CFO Talks

NOVEMBER 13, 2024

This approach added stability to their returns and prevented their cash flow from taking a hit during currency fluctuations. When diversifying, think about your company’s cash flow patterns and exposure to local economic factors. This will help you choose a mix that’s both protective and growth oriented.

Investments 92

Investments CFO Economics Financial Modeling 92

Global Finance

DECEMBER 4, 2024

The real task will be honoring his promises for significant changes in governance and socio-economic management, observes Pritish Behuria, associate professor at the University of Manchester’s Global Development Institute. A former finance minister, Sithanen is credited for financial reforms that achieved economic diversification.

Economics 52

Economics Currencies Finance Banking 52

CFO Selections

MARCH 7, 2025

The ripple effects of tariffs can stretch across the broader economy, influencing consumer behavior and currency strength.

CFO 59

CFO Currencies Economics 59

Global Finance

MARCH 6, 2025

Led by Latvian President Edgars Rinkvis and Minister of Economics Viktors Valainis, the eight-day event included investor briefings in Houston, San Francisco, and Denver. According to one analysis, published last June, Rail Baltica is projecting regional economic benefits, both direct and indirect, of 48 billion. Inflation (2024): 1.4%

Transportation 82

Transportation Economics Budgeting Investments 82

PYMNTS

MARCH 23, 2020

Neither bill specifies the use of any type of digital currency initiative. The bills are called the “Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act” and the “Take Responsibility for Workers and Families Act.”.

Leverage 105

Leverage Economics Currencies Finance 105

Global Finance

DECEMBER 26, 2024

Flora: Geopolitical issues can increase global economic instability and volatility in financial markets. During such periods, investors redirect their portfolios quickly, seeking safe-haven currencies to lower their risk levels. GF: Is there a growing demand for currencies other than the US dollar?

Currencies 52

Currencies Risk Management Banking Finance 52

Global Finance

DECEMBER 5, 2024

Due to our passive position in foreign currency, motivated by our current financing, an exchange loss of 130 billion pesos was recorded, Pemex announced in a financial report. Pemexs total sales were 7.7% lower than in third-quarter 2023. The company blamed a 6.8% depreciation of the Mexican peso against the dollar.

Foreign Exchange 109

Foreign Exchange Concentration Budgeting Finance 109

CFO Talks

NOVEMBER 6, 2024

In markets businesses face a mix of global influences, currency shifts, and regional economic trends that can impact everything from cash flow to expansion plans. Track Economic Signals with Purpose Certain economic indicators offer essential clues about the broader landscape and how it might affect your business.

Finance 52

Finance Marketing Auditing Budgeting 52

Simply Treasury

NOVEMBER 2, 2020

When we address the issue of the appropriate level of the USD/EUR currency pairs, it is difficult to assess the right level it should reach. The Dollar's weakness against the EUR, and against other currencies, divides analysts on the Dollar's future role in trade. Does it help the European economies also facing tough times?

Currencies 130

Currencies Economics Treasury Budgeting 130

Global Finance

FEBRUARY 5, 2025

Just months later, the 9/11 attacks would destroy New Yorks World Trade Center, triggering a global economic slowdown. Asias Regional Comprehensive Economic Partnership was signed in 2020. Citis support for credit-guarantee facility transactions in local currency attracted widespread recognition in the Mexican business community.

Finance 59

Finance Banking Currencies Economics 59

Global Finance

APRIL 7, 2025

So too are a flat corporate and income tax rate of just 10% and a local currencythe levtied by a currency board to the euro. It joined the Schengen Area on January 1, 2025, and hopes to join the eurozone on January 1, 2026 provided it is found to have met the economic criteria. Assuming Bulgaria can keep inflation within the 2.5%-3%

Education 52

Education Construction Economics Currencies 52

PYMNTS

JUNE 2, 2020

The rewards are made with Pluton, the native digital currency of the company. The company, for its part, runs in the European Economic Area and in Britain. In other news, Poolin, a bitcoin mining pool, is growing its financial services and digital currency lending verticals, CoinDesk reported.

Currencies 113

Currencies eCommerce Startups Economics 113

CFO News Room

FEBRUARY 3, 2022

Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry. with emphasis on gaming, virtual worlds, digital currencies and digital assets.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

CFO News

DECEMBER 2, 2024

Despite geopolitical tensions in the Middle East and a strong USD, the Indian Rupee remains one of the best-performing Asian currencies. Finance Minister Pankaj Chaudhary attributes this resilience to India's robust economic fundamentals. Global events and market factors continue to influence the INR-USD exchange rate.

Currencies 49

Currencies Economics Finance Marketing 49

Global Finance

JUNE 4, 2024

The latest such episode started in 2019 with the ongoing debt crisis, followed by a currency collapse and, in 2022, the fall of the scandal-ridden government of Rajapaksa. Since then, Rajapaksa’s successor, President Ranil Wickremesinghe has presided over yet another tentative economic recovery. billion GDP growth (2023): 4.5%

Economics 105

Economics Currencies Restructuring Foreign Exchange 105

Simply Treasury

JUNE 3, 2021

The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. When payments were in foreign currencies, this may have affected their results because of currency hedging. Delay in FX hedging, accounting treatment.

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

Currencies 139

Currencies Compliance Economics Investments 139

Future CFO

DECEMBER 7, 2023

China is currently facing an economic slowdown following the pandemic, which have raised concerns among ratings agencies that led to a downgrade in the country’s debt outlook. Astute Currency Management : With the yuan’s value potentially fluctuating, adept management of currency exposure is crucial.

Economics 52

Economics Currencies Communication Risk Management 52

Global Finance

OCTOBER 10, 2024

The main message of the past 12 years is that the formula of economic balance and growth takes you forward. The MNB contributed the most to growth by restoring and maintaining stability and, when it was possible, it strengthened it by implementing strong economic stimulus measures.

Economics 59

Economics Banking Concentration Currencies 59

PYMNTS

JUNE 24, 2020

In other news, the oldest central bank globally, Riksbank of Sweden, has examined the feasibility of central bank digital currencies (CBDC) and found the pros and cons between different models, CoinDesk reported.

Currencies 67

Currencies Banking Investments Economics 67

PYMNTS

FEBRUARY 6, 2020

Central bank leaders from six countries and the Bank for International Settlements (BIS) have planned an April meeting to discuss digital currencies and the parameters involved for launching their own, the Nikkei Asian Review reported on Thursday (Feb. In January, the central banks of the U.K.,

Currencies 100

Currencies Banking Economics Planning 100

CFO News Room

NOVEMBER 22, 2022

Countries whose governments focus their efforts on crafting and enforcing clear and just laws, on ensuring impartial judiciaries, on maintaining sound currencies, and on protecting property rights and simplifying their regulatory regimes – that is, countries that are more economically free – tend to exhibit lower poverty rates.

Economics 130

Economics Education Numbers Currencies 130

PYMNTS

DECEMBER 29, 2020

A small Spanish city has debuted an “Elio” digital currency to help with transactions, Finance Magnates reported. The digital currency, which is pegged to the euro, will let the City Council of Lebrija provide economic assistance to just under 600 chosen beneficiaries.

Currencies 93

Currencies Economics Finance Securities 93